I’ll make this short and sweet. The world of investors seems to agree on one thing: with the central banks in control, not being long this market is only for the dim-witted. For nearly five years, this sentiment has been spot-on. But, as part of the true 0.01% (that is, the ursine sort), I see chart after chart like the one below (which in this case is Northrop Grumman, the aerospace manufacturer) and believe we have collectively slipped the surly bonds of earth and are now in complete la-la land. (more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
(As I mentioned in my Anatomy of a Hate Mail post a few days ago, the vast majority of emails I get from Slopers are really nice. Below is a fine example, which I got last night. I received the author’s permission to publish it, with the provision that I remove the person’s name. It is an eye-opening first person account of what’s going on out there…….Tim) (more…)
Long R.R. Donnelley & Sons (RRD)